
Applied Materials Income Statement 2025-2006 | AMAT
Brief overview of revenue and earnings at Applied Materials
The overview follows changes across a five-year period. Revenue reported by Applied Materials was 17.2 billion dollars at the beginning of the period and 28.4 billion dollars at the end. The five-year change reached +64.9%, while CAGR stood at 10.5%. The trajectory reflects meaningful expansion of the business.
The gross result shifted from 7.7 billion dollars to 13.8 billion dollars, or +79.5%. The cost base moved more slowly than the top line, which supported margins. Comparing the endpoints gives gross margins of 44.7% and 48.7%. The business retained more gross profit from each unit of revenue.
EBITDA was 4.7 billion dollars at the beginning and 8.7 billion dollars at the end of the period (+84%). Operating profitability strengthened faster than the scale of sales. EBITDA margin was 27.6% at the start and 30.8% at the end. Higher profitability strengthens the quality of operating growth.
Over the period, net income shifted from $3.6 billion to $7 billion (+93.4%). Profit outpaced sales and strengthened the quality of growth.
The five-year change in capitalization reached +19%: from $106 billion to $126 billion. Capitalization grew more slowly than the underlying results.
Financial takeaway
Most key measures improved without a pronounced weak signal. The strongest signals are improving gross profitability, an improving EBITDA margin and a larger revenue base. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Applied Materials
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
126 B | 140 B | 136 B | 91.5 B | 122 B | 106 B | 54.4 B | 36.9 B | 62.1 B | 35.9 B | 22.5 B | 28.6 B | 21.4 B | 13.2 B | 13.6 B | 16.9 B | 16.1 B | 26.3 B | 27.2 B | - |
Shares |
804 M | 827 M | 840 M | 871 M | 910 M | 916 M | 945 M | 1.03 B | 1.08 B | 1.12 B | 1.23 B | 1.23 B | 1.22 B | 1.28 B | 1.33 B | 1.34 B | 1.33 B | 1.35 B | 1.41 B | - |
Historical Prices |
157 | 169 | 162 | 105 | 134 | 117 | 56.7 | 36.7 | 54.3 | 33.8 | 17.3 | 22.6 | 16.7 | 11.8 | 10.2 | 12.6 | 12.1 | 19.5 | 19.3 | 17.2 |
Net Income |
7 B | 7.18 B | 6.86 B | 6.52 B | 5.89 B | 3.62 B | 2.71 B | 3.04 B | 3.52 B | 1.72 B | 1.38 B | 1.07 B | 256 M | 109 M | 1.93 B | 938 M | -305 M | 961 M | 1.71 B | - |
Revenue |
28.4 B | 27.2 B | 26.5 B | 25.8 B | 23.1 B | 17.2 B | 14.6 B | 16.7 B | 14.7 B | 10.8 B | 9.66 B | 9.07 B | 7.51 B | 8.72 B | 10.5 B | - | - | - | - | - |
Cost of Revenue |
14.6 B | 14.3 B | 14.1 B | 13.8 B | 12.1 B | 9.51 B | 8.22 B | 9.19 B | 8.09 B | 6.31 B | 5.71 B | 5.23 B | 4.52 B | 5.41 B | 6.16 B | 5.83 B | 3.58 B | 4.69 B | 5.24 B | - |
Gross Profit |
13.8 B | 12.9 B | 12.4 B | 12 B | 10.9 B | 7.69 B | 6.39 B | 7.52 B | 6.61 B | 4.51 B | 3.95 B | 3.84 B | 2.99 B | 3.31 B | 4.36 B | 3.72 B | 1.43 B | 3.44 B | 4.49 B | - |
Operating Income |
8.29 B | 7.87 B | 7.65 B | 7.79 B | 6.89 B | 4.36 B | 3.35 B | 4.49 B | 3.94 B | 2.15 B | 1.69 B | 1.52 B | 432 M | 411 M | 2.4 B | 1.38 B | -394 M | 1.36 B | 2.37 B | - |
Interest Expense |
1.25 B | 532 M | 238 M | 228 M | 236 M | 240 M | 237 M | 234 M | 198 M | 155 M | 103 M | 95 M | 95 M | 95 M | 59 M | 21 M | 21 M | 20.5 M | 38.6 M | - |
EBITDA |
8.72 B | 8.26 B | 8.17 B | 8.23 B | 7.28 B | 4.74 B | 3.71 B | 4.95 B | 4.34 B | 2.54 B | 2.06 B | 1.9 B | 836 M | 816 M | 2.64 B | 1.69 B | -103 M | 1.68 B | 2.64 B | - |
Operating Expenses |
5.52 B | 5.03 B | 4.73 B | 4.2 B | 4.02 B | 3.33 B | 3.04 B | 3.03 B | 2.68 B | 2.36 B | 2.26 B | 2.32 B | 2.56 B | 2.92 B | 1.96 B | 2.33 B | 1.82 B | 2.09 B | - | - |
General and Administrative Expenses |
910 M | 961 M | 852 M | 735 M | 620 M | 567 M | 429 M | 453 M | 457 M | 434 M | 541 M | 490 M | 455 M | 1.08 B | 882 M | 536 M | 407 M | 506 M | 501 M | - |
All numbers in USD currency
Quarterly Income Statement Applied Materials
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2010-Q3 | 2010-Q2 | 2010-Q1 | 2009-Q4 | 2009-Q3 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
798 M | 794 M | 793 M | 793 M | 798 M | 798 M | 809 M | 814 M | 826 M | 826 M | 830 M | 831 M | 838 M | 838 M | 843 M | 845 M | 877 M | 864 M | 878 M | 915 M | 914 M | 908 M | 918 M | 916 M | 916 M | 915 M | 917 M | 957 M | 943 M | 929 M | 942 M | 1.06 B | 1.03 B | 994 M | 1.03 B | 1.08 B | 1.08 B | 1.07 B | 1.08 B | 1.15 B | 1.12 B | 1.08 B | 1.11 B | 1.22 B | 1.22 B | 1.22 B | 1.23 B | 1.21 B | 1.21 B | 1.22 B | 1.22 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.3 B | 1.28 B | 1.26 B | 1.29 B | 1.32 B | 1.32 B | 1.32 B | 1.32 B | - | 1.34 B | 1.34 B | 1.34 B | - | 1.33 B |
Net Income |
1.78 B | 2.81 B | 2.03 B | 2.03 B | 1.78 B | 1.78 B | 2.14 B | 1.18 B | 1.7 B | 1.7 B | 1.72 B | 2.02 B | 1.56 B | 1.56 B | 1.58 B | 1.72 B | 4.93 B | 1.61 B | 1.54 B | 1.13 B | 4.18 B | 1.72 B | 1.33 B | 892 M | 1.13 B | 841 M | 755 M | 771 M | 698 M | 571 M | 666 M | 165 M | 757 M | 1.02 B | 1.1 B | 703 M | 982 M | 925 M | 824 M | 286 M | 610 M | 505 M | 320 M | 348 M | 336 M | 329 M | 364 M | 253 M | 256 M | 301 M | 262 M | 34 M | 183 M | 168 M | -129 M | 117 M | -515 M | 218 M | 289 M | 506 M | 456 M | 476 M | 489 M | -133 M | 123 M | 264 M | 82.8 M | - | -54.9 M |
Revenue |
7.3 B | 7.91 B | 7.01 B | 7.01 B | 7.3 B | 7.3 B | 7.1 B | 7.17 B | 6.78 B | 6.78 B | 6.65 B | 6.71 B | 6.42 B | 6.42 B | 6.63 B | 6.74 B | 19 B | 6.52 B | 6.24 B | 5.16 B | 16.9 B | 6.2 B | 5.58 B | 4.16 B | 4.69 B | 4.4 B | 3.96 B | 3.75 B | 3.75 B | 3.56 B | 3.54 B | 4.2 B | 3.76 B | 4.16 B | 4.57 B | 3.28 B | 3.97 B | 3.74 B | 3.55 B | 2.26 B | 3.3 B | 2.82 B | 2.45 B | 2.36 B | 2.37 B | 2.49 B | 2.44 B | 2.19 B | 2.26 B | 2.26 B | 2.35 B | 1.57 B | 1.99 B | 1.98 B | 1.97 B | 2.19 B | 1.65 B | 2.34 B | 2.54 B | 2.69 B | 2.18 B | 2.79 B | 2.86 B | - | - | - | - | - | - |
Cost of Revenue |
3.74 B | 3.96 B | 3.58 B | 3.58 B | 3.74 B | 3.74 B | 3.62 B | 3.67 B | 3.57 B | 3.57 B | 3.49 B | 3.5 B | 3.45 B | 3.45 B | 3.54 B | 3.59 B | 10.1 B | 3.51 B | 3.32 B | 2.81 B | 8.97 B | 3.23 B | 2.93 B | 2.3 B | 6.95 B | 2.44 B | 2.21 B | 2.09 B | 6.1 B | 2 B | 2.01 B | 2.26 B | 7.09 B | 2.3 B | 2.52 B | 1.83 B | 5.82 B | 2.04 B | 1.95 B | 1.34 B | 4.42 B | 1.63 B | 1.45 B | 1.4 B | 4.3 B | 1.47 B | 1.43 B | 1.3 B | 3.92 B | 1.27 B | 1.35 B | 991 M | 3.32 B | 1.17 B | 1.16 B | 1.4 B | 4.35 B | 1.41 B | 1.53 B | 1.55 B | 4.83 B | 1.6 B | 1.67 B | - | 1.66 B | 1.37 B | 1.14 B | - | 809 M |
Gross Profit |
3.56 B | 3.95 B | 3.44 B | 3.44 B | 3.56 B | 3.56 B | 3.48 B | 3.5 B | 3.2 B | 3.2 B | 3.15 B | 3.2 B | 2.98 B | 2.98 B | 3.09 B | 3.14 B | 8.89 B | 3.01 B | 2.93 B | 2.35 B | 7.97 B | 2.97 B | 2.65 B | 1.86 B | 2.13 B | 1.96 B | 1.75 B | 1.66 B | 1.63 B | 1.56 B | 1.53 B | 1.94 B | 1.66 B | 1.86 B | 2.06 B | 1.44 B | 1.79 B | 1.7 B | 1.6 B | 916 M | 1.4 B | 1.19 B | 1 B | 959 M | 959 M | 1.02 B | 1.02 B | 891 M | 959 M | 992 M | 1 B | 582 M | 795 M | 806 M | 808 M | 786 M | 586 M | 930 M | 1.01 B | 1.14 B | 852 M | 1.18 B | 1.19 B | 392 M | 860 M | 927 M | 711 M | - | 325 M |
Operating Income |
2.23 B | 2.52 B | 1.83 B | 1.83 B | 2.23 B | 2.23 B | 2.17 B | 2.18 B | 1.94 B | 1.94 B | 1.91 B | 1.97 B | 1.8 B | 1.8 B | 1.91 B | 1.97 B | 5.79 B | 1.92 B | 1.89 B | 1.28 B | 4.88 B | 2.01 B | 1.58 B | 1.04 B | 3.08 B | 1.11 B | 932 M | 908 M | 2.49 B | 802 M | 776 M | 1.22 B | 3.6 B | 1.09 B | 1.29 B | 807 M | 2.77 B | 1.02 B | 940 M | 354 M | 1.38 B | 596 M | 425 M | 458 M | 1.27 B | 396 M | 416 M | 330 M | 1.11 B | 391 M | 387 M | 39 M | 221 M | 250 M | -68 M | 179 M | 910 M | 322 M | 409 M | 674 M | 2.04 B | 687 M | 677 M | - | 183 M | 386 M | 116 M | - | -77.2 M |
Interest Expense |
396 M | 771 M | 566 M | 566 M | 396 M | 396 M | 221 M | 8 M | 81 M | 81 M | 141 M | 395 M | 60 M | 64 M | 61 M | 59 M | 171 M | 56 M | 58 M | 61 M | 179 M | 57 M | 61 M | 59 M | 181 M | 61 M | 61 M | 60 M | 178 M | 58 M | 60 M | 59 M | 174 M | 59 M | 56 M | 38 M | 141 M | 59 M | 44 M | 42 M | 117 M | 38 M | 37 M | 23 M | 71 M | 24 M | 24 M | 25 M | 72 M | 24 M | 23 M | 24 M | 71 M | 23 M | 24 M | 24 M | - | 24 M | 23 M | 5 M | 35 M | 25 M | 5 M | - | 5.5 M | 5.21 M | 5.06 M | - | 4.89 M |
EBITDA |
2.35 B | 2.66 B | 1.96 B | 1.96 B | 2.55 B | - | - | 2.28 B | 2.22 B | 1.95 B | 1.92 B | 2.06 B | 2.19 B | 1.81 B | 1.92 B | 2.09 B | 6.12 B | 1.94 B | 1.9 B | 1.38 B | 5.16 B | 2.02 B | 1.59 B | 1.14 B | 3.36 B | 1.29 B | 944 M | 996 M | 2.76 B | 984 M | 790 M | 1.33 B | 3.94 B | 1.32 B | 1.34 B | 904 M | 3.07 B | 1.22 B | 986 M | 450 M | 1.66 B | 788 M | 472 M | 550 M | 1.54 B | 578 M | 462 M | 424 M | 1.39 B | 579 M | 432 M | 145 M | 533 M | 462 M | -14 M | 291 M | 1.24 B | 542 M | 464 M | 737 M | 2.22 B | 815 M | 677 M | - | 418 M | 549 M | 193 M | - | 142 M |
Operating Expenses |
1.33 B | 1.42 B | 1.6 B | 1.6 B | 1.33 B | 1.33 B | 1.32 B | 1.32 B | 1.26 B | 1.26 B | 1.24 B | 1.24 B | 1.17 B | 1.17 B | 1.18 B | 1.18 B | 3.1 B | 1.08 B | 1.03 B | 1.07 B | 3.09 B | 954 M | 1.07 B | 816 M | 2.48 B | 847 M | 817 M | 757 M | 2.27 B | 755 M | 754 M | 725 M | 2.26 B | 771 M | 764 M | 638 M | 1.98 B | 677 M | 660 M | 562 M | 1.74 B | 596 M | 579 M | 501 M | 1.72 B | 622 M | 600 M | 561 M | 1.78 B | 601 M | 614 M | 543 M | 1.98 B | 556 M | 876 M | 607 M | 1.82 B | 608 M | 602 M | 462 M | 1.47 B | 497 M | 512 M | - | 677 M | 541 M | - | - | - |
General and Administrative Expenses |
428 M | 164 M | 189 M | 189 M | 204 M | 204 M | 207 M | 256 M | 222 M | 222 M | 247 M | 276 M | 214 M | 214 M | 214 M | 207 M | 537 M | 197 M | 174 M | 161 M | 465 M | 155 M | 149 M | 129 M | 411 M | 145 M | 137 M | 110 M | 335 M | 112 M | 113 M | 110 M | 363 M | 128 M | 125 M | 103 M | 316 M | 106 M | 107 M | 82 M | 276 M | 103 M | 91 M | 117 M | 392 M | 135 M | 140 M | 120 M | 375 M | 126 M | 129 M | 125 M | 348 M | 97 M | 126 M | 303 M | 465 M | 137 M | 281 M | 112 M | 679 M | 240 M | 112 M | - | 146 M | 126 M | 125 M | - | 88.5 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Applied Materials (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.